Powell will not cut the rates as long as this Dumbass terrorize the international financial markets..! And he will still blame Powellđ
Crypto Man MAB
--
đ¨ Is Trump Fueling Bitcoinâs Surge? The Heatâs On Fed Chair Powell!
In a fiery move, former President Donald Trump reignited pressure on Fed Chair Jerome Powell, calling for immediate interest rate cutsâand markets may be reacting.
Trump declared inflation âvirtually gone,â citing falling energy and food prices. âPreventive rate cuts are needed now,â he said. âEnergyâs down, foodâs down, almost everythingâs trending lower.â
But Trump didnât stop thereâhe slammed Powell as âMr. Too Late,â warning that delays could trigger an economic slowdown. He also criticized the Fedâs inaction compared to the European Central Bank, which has already cut rates seven times.
Adding fuel to the fire, Trump accused Powell of political bias during the 2020 elections, suggesting the Fed manipulated rates to benefit Biden and Harris.
While Powell remains silent, sticking to a data-driven stance, the markets spoke loud and clear Bitcoin surged over 3% within hours of Trumpâs comments.
#TrumpVsPowell $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
6
0
Explore the latest crypto news
âĄď¸ Be a part of the latests discussions in crypto